Ky. Rev. Stat. § 292.6503

Current through 2024 Ky. Acts ch. 225
Section 292.6503 - Registration in beneficiary form - Applicable law

A security may be registered in beneficiary form if the form is authorized by this or a similar statute of the state of organization of the issuer or registering entity, the location of the registering entity's principal office, the office of its transfer agent, or its office making registration, or by this or a similar statute of the law of the state listed as the owner's address at the time of the registration. A registration governed by the law of a jurisdiction in which this or similar legislation is not in force or was not in force when a registration in beneficiary form was made is nevertheless presumed to be valid and authorized as a matter of contract law.

KRS 292.6503

Effective:8/1/1998
Created 1998, Ky. Acts ch. 407, sec. 3, effective8/1/1998.